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OIL & ENERGY SOLUTIONS

Mr. K.N. Venkatasubramanian is a Chemical Engineer from A.C. College, Madras (B.Sc. Tech. 1959) and M.Tech from IIT-Kharagpur (1960). After a satisfying career in the field of petroleum with major international oil companies like Standard Vacuum, EXXON, and Phillips Petroleum for over a decade, in 1973 he moved over to the Indian Petrochemicals Corporation Limited (IPCL), a pioneering public sector enterprise in the field of Petrochemicals and established its Marketing operations. In June 1981 he became Executive Director-Marketing in IPCL.

He was a member of the Governing Council of the Central Institute of Plastics Engineering and Tools, Madras, Bureau of Indian Standards, Indian Institute of Packaging and Indian Institute of Foreign Trade. He also served as a convenor of the Plastics working group on Petrochemicals established by the Department of Petroleum, Government of India for formulating the policy frame work for petrochemicals during the 7th five year plan.

He was a Director on the Board of the State Trading Corporation of India Ltd. (STC) for 2 years from May 1982. While with STC Mr. Venkatasubramanian also served as Chairman of Cashew Corporation of India, Director on the Board of Handicrafts & Handloom Exports Corporation of India, National Jute Manufacturers Corporation and an associate member of the Tobacco Board.

Returning from STC, in IPCL he was Executive Director responsible for Research, Projects, Technology & Planning for over 4 years before getting assigned as Director(Operations) handling Production, Engineering, Materials and Employee Relations.

He was a member of the Standing Committee of the All India Board of Management Studies.

He was the Chairman of the Sub-Committee on “Petrochemicals” constituted by the Department of Chemicals and Petrochemicals for formulating the perspective plan for petrochemicals during the 8th and 9th plan periods. He served as Chairman of Baroda Regional Centre of Indian Institute of Chemical Engineers (IIChE) for three successive terms. He was the National President of IIChE during 1990. He was also a Director on the Board of the Hindustan Organic Chemicals Ltd. and Hindustan Antibiotics Ltd, Public Sector Undertakings, under the Ministry of Petroleum and Chemicals. He was the Founder Managing Director of Indian Vaccines Corporation of India Ltd., a joint venture of the Government of India (Deptt. of Biotechnology), IPCL and Institute of Merieux, France.

From April 1990 to 24th March 1991 he was with Engineers India Ltd. (EIL) as Chairman cum Managing Director.

In March 1991 he became Chairman of Indian Oil Corporation Ltd. from where he retired.

Presently he is the Chairman of Time Packaging Ltd, Mumbai, and Imperial Corporate Finance & Services Pvt. Ltd, Mumbai and Director on the Board of Gulf Oil Corporation Limited, Mumbai, Gujarat Adani Port Ltd., Ahmedabad, East India Petroleum Ltd., Vishakhapatnam, Essar Oil Ltd., Mumbai, E-Cube India Solutions Ltd, Baroda, GULF Carrosserie India Limited, Mumbai, Royal Chemie Corporation Limited, Singapore and Rajula Limited, Cayman Islands.

 


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